Jack has been very unreliable making loan payments in the past. he has been late on many payments, and completely missed several others. he can expect to now have a
high credit score and no trouble getting another loan
high credit score but difficulty arranging more loans
low credit score and difficulty getting another loan
low credit score but no difficulty getting more loans

changes in factors like average income and preferences can cause an entire demand curve to shift right or left. this causes a higher or lower quantity to be demanded at a given price. demand curves relate the prices and quantities demanded assuming no other factors change. it is important for consumers to know this information, because it is crucial for them to know what they can afford and can't afford. i hope this .